ZoomInfo Technologies (ZI) Set to Announce Earnings on Tuesday

ZoomInfo Technologies (NASDAQ:ZI) is scheduled to be announcing its earnings results after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of $0.22 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

ZoomInfo Technologies Stock Performance

Shares of NASDAQ:ZI opened at $11.99 on Friday. The company’s 50 day simple moving average is $10.37 and its 200 day simple moving average is $11.47. The stock has a market capitalization of $4.38 billion, a price-to-earnings ratio of 299.82, a price-to-earnings-growth ratio of 7.24 and a beta of 1.03. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.97 and a quick ratio of 0.97. ZoomInfo Technologies has a 1 year low of $7.65 and a 1 year high of $19.39.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ZI. Truist Financial decreased their price objective on shares of ZoomInfo Technologies from $16.00 to $11.00 and set a “hold” rating on the stock in a research note on Tuesday, August 6th. Mizuho decreased their price objective on shares of ZoomInfo Technologies from $14.00 to $9.00 and set a “neutral” rating on the stock in a research note on Tuesday, August 6th. Daiwa America cut shares of ZoomInfo Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 13th. Royal Bank of Canada decreased their target price on shares of ZoomInfo Technologies from $9.00 to $7.00 and set an “underperform” rating on the stock in a research note on Tuesday, August 6th. Finally, Daiwa Capital Markets cut shares of ZoomInfo Technologies from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $15.00 to $9.00 in a research note on Tuesday, August 13th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $12.61.

About ZoomInfo Technologies

ZoomInfo Technologies Inc, together with its subsidiaries, provides go-to-market intelligence and engagement platform for sales and marketing teams in the United States and internationally. The company's cloud-based platform provides information on organizations and professionals to help users identify target customers and decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft messages, engage through automated sales tools, and track progress through the deal cycle.